How Ikea could save you £560 a year

Ikea has been helping homeowners save money for years - be it their iconic Pax Wardrobe or budget glassware and crockery - it has been the first place to shop for homeware for the budget conscious.

Now they have turned their attention to solar energy. Teaming up with Solarcentury, the Swedish furniture giant have launched a solar battery storage solution so you can keep the energy generated by solar panels for later use, instead of it being sent back to the National Grid, therefore lowering your electricity bills.

Advertisement

On average, a home with solar panels will only use 40% of the electricity its solar panels generates. For those who work during the day, this number is likely to be less. The unused solar power is sent back to the National Grid, but with the battery the electricity can be stored for later use. Ikea says that this could cut electricity bills by 70% a year.

A Solar Battery Storage

Advertisement

Susannah Wood, Head of Residential Solar at Solarcentury said: "The cost of solar installations has dropped considerably in recent years and is in fact 100 times cheaper than it was 35 years ago. We believe Ikea and Solarcentury are bringing the most competitive package to the market yet so more people than ever before can profit financially and environmentally by producing their own energy."

The Ikea Solar Battery Storage starts from £3,000 (5% VAT included), whilst prices for homeowners who already have solar and want to add a battery start from just under £5,000 (20% VAT included). This includes a 15% discount available to Ikea Family members.

Solar Battery Storage is available to purchase online via the Ikea website. Customers can get a free estimate by completing the Solarcentury calculator to see how much they can save. Installation can take three weeks.